Montgomery, IL's Data
About Montgomery, IL's
Montgomery is a charming village located in Kane and Kendall counties in Illinois. Established in 1835, it has grown from a small settlement to a vibrant community. The village's strategic location near both Aurora and Chicago has influenced its development and culture, making it an integral part of the region's suburban landscape. Montgomery is known for its rich history, which includes ties to the early railroad industry and its role in the region's agricultural development.
City: Montgomery
State: Illinois
Country: United States
Population: 20000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Montgomery, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Montgomery, IL
Austin Park - A popular local park offering playgrounds, sports fields, and picnic areas.
Montgomery Park - Known for its scenic views of the Fox River, providing facilities for fishing and boating.
Settler's Cottage Museum - A historical museum showcasing the village's 19th-century heritage.
Fox River Trail - A favorite among cyclists and hikers, following the path of the scenic Fox River.
Seasonal Farmers Market - Offers a variety of local produce, crafts, and foods, highlighting the area's agricultural roots.
The Economy of Montgomery, IL
The economy of Montgomery, Illinois, is diverse, with a mix of retail, manufacturing, and service industries. Major employers include distribution centers and manufacturing firms that capitalize on the village's strategic location near major transportation routes. Recent economic development efforts have focused on attracting new businesses to the area and supporting local entrepreneurship, which has contributed to steady economic growth.
Montgomery, IL Inflation
Understanding the BLS and Inflation in Montgomery, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Montgomery, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Montgomery, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Montgomery, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Montgomery, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Montgomery, IL
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